Alternative Investments/ESG: The First “Green Building” ETF From Invesco Will List Today

The Invesco MSCI Green Building ETF will invest in real estate stocks and commercial REITs.

Invesco has launched a first-of-its-kind ETF focused on companies that have a “green” slant to their operations in the buildings sector – which accounts for a whopping 38% of global carbon emissions according to the UN Environment Program. The Invesco MSCI Green Building ETF (GBLD), due to list on the New York stock exchange today, will therefore be the first to “focus specifically on the green building ecosystem,” according to John Hoffman, head of ETFs and indexed strategies, Americas, at Invesco. (FT)

Invesco MSCI Green Building ETF (GBLD)

The new ETF will focus on real estate companies whose buildings are energy-efficient, utilize construction materials that are environment-friendly, and ensure a healthy internal environment.

The ETF will also hold stocks of companies that design, construct, redevelop, retrofit, or provide third-party “green” certification with the objective to mitigate the effects of climate change.

The ETF will track the MSCI Global Green Building Index, the constituents of which include large REITS and property companies such as Unibail-Rodamco-Westfield (AMS: URW) and Berkeley Group Holdings (LON: BKG).

To qualify for inclusion in the index, a minimum of 50% of a real estate company’s estate must be certified as “green” by a recognized body in the US or in other countries as applicable.

Global emissions and buildings

Speaking to ETF Trends CEO Tom Lydon and CIO Dave Nadig on ETF 360, Rene Reyno, Head of Thematic and Specialty Product Strategy at Invesco said:  “If we look globally around buildings, they generate around 40% of global emissions. And if you look at more urbanized areas, that can be closer to 70%. So, to have a serious conversation around the topic, green buildings have to be included. What we’re excited about is bringing the first strategy of its kind to market that’s going to target exposures globally to this theme – green buildings.”

Related Story: Invesco Launches Global Clean Energy ETF In London

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Digital Assets: Michael Saylor Unmoved By Crypto Weakness; “We Think It’s The Future Of Money”
May 20, 2022     Digital Assets, News

Michael Saylor, CEO of MicroStrategy (NASDAQ: MSTR), who is permanently bullish on bitcoin, reiterated his positive outlook for the leading crypto in an interview on Thursday. Note that MicroStrategy currently…
Digital Assets: Traditional Markets Could Suffer Contagion From (Un)Stablecoins (SEC Chair Gensler)
May 20, 2022     Digital Assets, News

The crypto world was dealt a body blow by the collapse of the TerraUSD (UST) stablecoin earlier this month. The Terra meltdown is now being referred as crypto’s “Lehman moment.”…
Venture Capital: Big-Ticket Funding Rounds In Fintechs
May 20, 2022     FinTech, News, Venture Capital

Fast-growing, Southeast Asia-focused payments infrastructure platform Xendit closed on a US$300 million Series D funding co-led by Coatue and Insight Partners with additional investment from Accel, Tiger Global, Kleiner Perkins,…
FinTech: Sam Bankman-Fried Led FTX.US Makes Inroads Into Stock Trading
May 20, 2022     Digital Assets, FinTech, Latest News, News

FTX Stocks is an equity trading platform offered through the FTX US trading application. FTX US announced Thursday a private beta phase trading on the platform for US customers selected…